3 Ways your Business can Save $$$

Running your small to medium-sized business in the most efficient way possible can be a challenge. You are constantly looking for areas in which you can improve efficiency and quality, to make your business lean yet powerful.

There are some areas in your business which can be improved that you may have overlooked, including technology. Whether it’s utilizing the most cost-efficient software or using technology to cut costs in areas like payroll, you can seriously use it to your business’s advantage. Given the potential money and time that could be saved, why wouldn’t you start today?

Check out these strategies to start utilizing IT to the best of your business’s ability:

Go green! It’s 2017, and going green is increasingly common. Not only does it protect our environment, but it also saves a bundle of bucks. Ways that you can use technology to go green in your company include: switching to compact fluorescent lighting (a single bulb saving you upwards of 80 dollars), improving the insulation of the building in order to cut down on heating and cooling, printing on double-sided paper and making sure you’re using appliances with high Energy Star ratings.

Free is not always better. Are you and your employees utilizing applications or tools for which you’re having to pay a yearly subscription? For every paid app or tool, there is usually a free or low-cost option. Talk with your IT professional to ensure you are not opening a security hole or other potential pitfalls with a free option.

Analyze this. Analyze the areas of your business that are driving up costs. For example, you can replace landline telephones with VOIP solutions. Softwares like Quickbooks, you can integrate payroll, accounting, and tax help seamlessly and in a very cost-effective way.

The options for your business are endless, and they are accessible. It just takes digging and research for you to begin on your path to saving money and becoming more efficient. When your business is doing very well is a great time to proactively begin saving money, even if it doesn’t feel like you need to. Be ahead of the game contact bytesize and prepare yourself.